subject: Tbea Be Additional Fund-raising 3.7 Billion Yuan - Wafer Butterfly Valve - Sanitary Butterfly Valve [print this page] TBEA notice, to be in 2010 to the public issuance of shares to raise capital of close to 3.7 billion construction of six major projects, focus on improving the company's ultra (ultra) high-voltage transmission and distribution equipment products, production capacity, enhance the level of corporate R & D and international ability to open up the market.
Meanwhile, in a severe market conditions in 2009, TBEA sales income of 14.6 billion yuan, net profit of 1.529 billion yuan year on year growth of 17.86%, respectively, and 58.8%.
Independent innovation system to form a comprehensive
In 2009, TBEA independent innovation system fully formed, self-innovation capability ranks the world's advanced level. This year, TBEA patents and technical secrets to declare a total of 79 to participate in two IEC standards, 7, and 16 national standard-setting industry standards. Number of innovative projects the company won national awards, as the sole representative of China's power transmission manufacturing, TBEA participated in the 60th anniversary of the Exhibition.
With its signature innovative world leader in energy-saving power transmission projects --- for the world's first commercial operation of the southeastern Shanxi - Nanyang - Jingmen 1000 kV UHV AC pilot demonstration project for the world's first cloud-Canton of plus or minus 800 kV HVDC transmission engineering and the world's largest upward transmission capacity plus or minus 800 kV HVDC Transmission Project to provide products that meet the highest level in today's world, being in charge of the work produced by domestic and foreign experts highly praised and recognized. TBEA has become one of the few to master the world of UHV AC-DC full range of products independently developed by technology companies.
With advanced technology, reliable quality and excellent service, TBEA won the great domestic and international customers trust and support, the company's orders for the quantity and quality has been increasing. In the domestic market, the company continues to consolidate the National Grid and Southern Power Grid, while ahead of the market share of around one million kilowatts of large nuclear power, hydropower and thermal power base construction, focus on wind power, solar power generation, railway and commitment to emerging markets such as petroleum and petrochemical a number of projects, including the company's market share of nuclear power accounts for last year's production of 1 million kilowatts of nuclear power for more than 65% of the main transformer. In overseas markets, TBEA the United States, Russia, India, ASEAN and the SCO to achieve sustainable and continuous expansion of exports, while the scale increased the extension of industrial chain, in order to accelerate the development of system integration as the core of the overseas transmission change Power sets the total project contracting market development. At present, the company has successfully achieved the Tajik 220 kV and 500 kV transmission line project one year ahead of transmission, Pakistan, the smooth operation of the fuel power plants, Sudan, Ethiopia, Zambia and other projects started.
Seized the opportunity to usher in illness into opportunities for development
With the next few years, the construction of the national power grid to increase investment by the state's industrial policies to encourage the transmission manufacturing industry will face a good opportunity for development.
In the new historical opportunities, in order to further enhance the company's scientific and technological research and development capabilities, expanding the company need worry about capacity shortages in some markets the product capacity, TBEA proposed in 2010 to the public issuance of shares, nearly 3.7 billion yuan to raise funds to build six major projects. "Ultra-high pressure project to improve and export base construction projects" will enable Xinjiang and northwest of the market there is a greater change in product mix; "direct current converter transformer upgrade the industrial structure transformation projects" and "special high-voltage AC-DC transformer bushing domestic construction projects" National Development and Reform Commission and public were included in the 2009 letter to the Department of key industry revitalization and transformation plan, the project construction will significantly enhance TBEA EHV transmission and transformation equipment, production capacity and supporting the ability of intra-industry products; "UHV National Engineering Laboratory substation technology upgrade construction projects, "belongs to the national basic research facility construction project, which will greatly enhance the company's technology R & D and basic research of soft power;" EHV and special cable-building project "is TBEA according to China's pairs of high-voltage, EHV XLPE cable, special cable to build a huge market demand; "foreign engineering contracting projects" related to the north in Khartoum, Sudan in eastern Sudan, power engineering projects and two projects to raise funds to be used to speed up construction projects, and to improve the the company's financial position.